Defining the Industry
What is the Hospitality Industry?
This is a general term for a place to sleep for one or more nights.
What is Lodging?
A business with only one establishment.
What is a Single-Unit Business?
This is the right to do business using the brand and products of another business.
What is a Franchise?
What is Hospitality?
This is another word for a place to sleep.
What is Accommodation?
This type of business is not legally or contractually connected to other businesses.
What is an Independent Business?
This is the person who owns the chain and the brand.
Who is the Franchisor?
This industry consists of businesses that provide overnight accommodations.
What is the Lodging Industry?
A business that has two or more establishments.
What is a Multi-Unit Business?
This is the person who buys the right to use the brand.
Who is the Franchisee?
Businesses that organize and promote travel for business, leisure, and other purposes fall into this industry.
What is the Tourism Industry?
This includes trip arrangements for several segments of the hospitality industry, such as travel and lodging.
What is a Travel Package?
A business with more than one establishment under the same name and ownership.
What is a Chain?
A group of people organized to improve themselves, their profession, and their industry.
What is a Professional Association?
This industry's businesses physically move travelers from one place to another.
What is the Travel Industry?
An activity that people do for rest, relaxation, and enjoyment.
What is Recreation?
This is a name, logo, or tagline that distinguishes a product from its competitors.
What is a Brand?
An organization for students with an interest in a specific career area, such as hospitality or business management.
What is a Career and Technical Student Organization (CTSO)?